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10,000 unique collectible characters with proof of ownership stored on the Ethereum blockchain. The project, by LarvaLabs, that inspired the modern CryptoArt movement. 

The first "Non-Fungible Token," and inspiration for the Ethereum ERC-721 standard that powers most digital art and collectibles.

GALLERY
News
Collectibles

New CryptoPunks Record Sale (85 ETH)

A new rercord for CryptoPunks!

The very unique CryptoPunk 8348 has been sold for 85 ETH.

This Punk is really special, in fact it is the only one with 7 traits: Cigarette - Buck Teeth - Classic Shades - Earring - Top Hat - Big Beard - Mole 

Here his history:

- 23th June 2017 CLAIMED

- 1st October 2017 SOLD 1.50 ETH ($ 456)

- 24th Septeber 2019 SOLD 26.40 ETH ($ 4,395)

- 20th May 2020 SOLD 85 ETH ($ 18,102)

Congratulations to both the seller and the new owner!

 

Collectibles

CryptoKitties VS CryptoPunks

What a crazy weekend!!!

Yesterday one very special CryptoKitty named Koshkat (Koshka means cat in Russian) has been sold for 10.500 USD on NiftyGateway.

Koshkat, a unique rare CryptoKitty (together with Catterina, edition of 100) represent the first Artist Series of CryptoKitties by Momo Wang, a multiple award-winning and internationally recognised illustrator based in Beijing.

We strongly believe these kinds of collaborations between established NFTs projects and important artists will become more popular in the future and attract the interest of many collectors.

So, when everyone was enjoying the weekend, another big sale happened and created lot of excitement especially in the Cryptopunks Discord channel.

Just a couple of minutes after a rare Zombie+Beanie punk was listed for 60 ETH (around 12,000 USD at that time), a fast collector immediately purchased it.

There are only 88 Zombie punks and 44 Beanie punks making him one of the rarest combinations ever.

Congrats to all the projects, marketplaces and collectors involved in these two historical NFTs sales.

 

 

 

 

Collectibles

NIFTIES Interviews LarvaLabs

After the last 24 hours hype on CryptoPunks, with more than 90 Eth of volumes (with two Apes sold for 30 Eth each and one Zombie for 9.5 Eth), we decided to interview the team behind the project!

Hi Matt & John! As the founders of LarvaLabs, can you tell those unfamiliar with it what your company does, how did you choose its name, where you are based and what it is like to work in such an environment?

Our company was started in 2005 as a mobile development company for an early smartphone called the T-Mobile Sidekick. The name just sounded funny to us at the time, and didn’t matter that much for the first products we were working on, but it ended up being something we used for 15 years, hah. We work out of Brooklyn which is great, lots of creative people and projects around to draw inspiration from.

 

Talking about NFTs, you created CryptoPunks which was the first NFT project on Ethereum and the inspiration for the ERC-721 standard. How did the idea come out?

In early 2017 John had been fiddling around with a pixel character generator, and it was getting to the point where it was making lots of really cool interesting characters. We just weren’t quite sure what to do with them. No idea really seemed to be strong enough until we discovered Ethereum, and had the idea to make them unique and ownable on the blockchain. From there we started the work of trying to actually figure out if it was possible, and in what form it should take when actually implemented on Ethereum.

 

What was the most challenging aspect of developing this project? What about the most rewarding?

The most challenging part was the initial contract development. Smart contract development is very different from other types of development we had done. The blockchain has extremely limited capabilities and is very unforgiving of mistakes. The most rewarding thing has been answering the question “Will anyone be interested in this idea at all?” We weren’t sure that this idea would resonate or not, and to see it become an entire category of art and asset with financial and emotional value is very cool.

 

Your collectors community is very warm and is slowly increasing despite the project having a few years. What makes CPs still interesting for collectors, in your opinion?

I think it’s interesting because it’s the first thing of its kind on Ethereum. As people get into NFTs, they end up discovering the Cryptopunks and then usually want to own at least one. So as the NFT space grows, people end up discovering us as part of their research. I think the community is welcoming because we all think very long term about the space now. We all imagine NFTs becoming a normal thing for art collectors to own in the future, so we’re all happy to have new people get interested.

 

Many collectors are asking if it would possible to have CPs listed on marketplaces like OpenSea or maybe on other digital art galleries. Do you think it could be possible in the future? Would you be open to it and which are the technical options?

We've looked into the technical feasibility of supporting Cryptopunks on NFT exchanges. It is indeed possible to build a proxy contract, where a Cryptopunk is wrapped in an NFT, bought/sold/transferred on a platform such as OpenSea, then unwrapped later by the new owner. It's not something we plan to do ourselves, as we like how the market functions as-is, and splitting it between the "classic" market and OpenSea might create some confusion for some users. However, we imagine it's inevitable that somebody will eventually build this bridge. And the cool thing about truly decentralized projects such as the Cryptopunks is that anybody can build it!

 

Your second project is Autoglyphs, it draws inspiration from Sol LeWitt's art and is somewhat less pop than the previous one. Can you tell us the main differences between Autoglyphs and CPs yourself?

Autoglyphs were designed to be able to answer “Yes” to the question “Is the art entirely on the blockchain?” The algorithm that generates the art, and the 512 generated pieces all live entirely on the blockchain. It was a response to working entirely within the constraints created by the blockchain to see what was possible. It’s also closely related to Sol LeWitt’s work in the way that the instructions are the art, and the final representation can take many forms.

 

Why did you set the total number of Autoglyphs to 512? Are there any rare or particular ones among them?

Yes, there are 10 different character sets for the Autoglyphs, in decreasing rarity. We mainly set the total number to 512 because we felt that was the number of interesting variations that the generator could produce.

 

Why did you decide to support 350.org against climate change? Do you know about other NIFTIES projects helping the cause?

We felt that since blockchains are so energy intensive we wanted to help offset that with a donation to a related charity. 350.org was one of the few that had an Ethereum address, so we were able to make the donations entirely on chain as part of the art creation process. We feel that transparency is an important part of what makes blockchain interesting so wanted to take advantage of that. I’m not aware of any other projects specifically benefitting 350.org, but I would encourage others to consider it!

 

Both CPs and Autoglyphs had also some physical reproductions signed and sold. Do you think this enhances the NFT value on the blockchain or at least manages to help people understand crypto art?

We do think this is an important bridge to the traditional art world, and involves people that otherwise aren’t comfortable with the blockchain or even technology in general. We were very careful to design a system that preserves the true nature of the project however. The true ownership is still on the blockchain, even if there is now a physical representation of that in the print and associated paper wallet.

 

Any other project in the NFTs space in the pipeline? We know you do not usually release info in advance, but can you tell us what question or wish is the starting point of it?

Nothing to talk about at the moment! It usually takes us a pretty long time to work through all the details of a project and we usually have a few we’re considering at any one time, so it’s hard to tell which one will end up worth releasing.

 

Last but not least, a curiosity: will you ever sell your Alien Punk?

Tough question! Probably not? We only have one Alien, so we’re very protective of it. Never say never, but we’ve been able to resist some pretty high offers so far at least!

THANKS!